LMFA

About LMFA

LM Funding America, Inc. is a specialty finance company. The Company is engaged in the business of providing funding to nonprofit community associations, with a focus on associations in the State of Florida. The Company offers incorporated nonprofit community associations (Associations), a range of financial products customized to each Association's financial needs. Its products include Original Product and New Neighbor Guaranty. Its Original Product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It offers New Neighbor Guaranty, wherein an Association assigns its indebtedness and accruals on its delinquent units to the Company in exchange for payments in an amount equal to the regular ongoing monthly or quarterly assessments for delinquent units when those amounts would be due to the Association. It is also into cryptocurrency mining business.